2023
Flag  
GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$2,156CURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Zimbabwe-Italy Trade: In 2023, Zimbabwe exported $79.5M to Italy. The main products that Zimbabwe exported to Italy were Ferroalloys ($30.5M), Granite ($22.2M), and Raw Sugar ($14M). Over the past 5 years the exports of Zimbabwe to Italy have increased at an annualized rate of 42.7%, from $13.4M in 2018 to $79.5M in 2023.

In 2023, Zimbabwe did not export any services to Italy.

Italy-Zimbabwe Trade: In 2023, Italy exported $41.6M to Zimbabwe. The main products that Italy exported to Zimbabwe were Tobacco Processing Machines ($10.7M), Utility Meters ($8.06M), and Industrial Food Preperation Machinery ($4.21M). Over the past 5 years the exports of Italy to Zimbabwe have increased at an annualized rate of 17.8%,  from $18.3M in 2018 to $41.6M in 2023.

In 2023, Italy did not export any services to Zimbabwe.

Comparison: In 2023,  Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Zimbabwe exported $79.5M to Italy. The main products exported from Zimbabwe to Italy were Ferroalloys ($30.5M), Granite ($22.2M), and Raw Sugar ($14M). During the last 5 years the exports of Zimbabwe to Italy have increased at an annualized rate of 42.7%, from $13.4M in 2018 to $79.5M in 2023.

In 2018, Italy exported $41.6M to Zimbabwe. The main products exported from Italy to Zimbabwe were Tobacco Processing Machines ($10.7M), Utility Meters ($8.06M), and Industrial Food Preperation Machinery ($4.21M). During the last 5 years the exports of Italy to Zimbabwe have increased at an annualized rate of 17.8%, from $18.3M in 2023 to $41.6M in 2018.

Exports from Zimbabwe (Flag) to Italy (Flag) (2023)

Exports from Italy (Flag) to Zimbabwe (Flag) (2023)

Latest Data

Trade between Zimbabwe (Flag) and Italy (Flag)

Zimbabwe Exports

Italy Exports

Market Competitiveness

Color
Zimbabwe
Top Destination
United Arab Emirates$4.1B
Italy
Top Destination
Germany$71.4B

This map shows whether countries import more from Zimbabwe or Italy. Each country is colored based on the difference in imports they receive from Zimbabwe and Italy or the difference in the growth in imports.

In 2023, countries that imported more from Zimbabwe than Italy included Mozambique ($391M), Zambia ($140M), and Malawi ($28.9M).

In 2023, countries that imported more from Italy than Zimbabwe included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy (Flag) and Zimbabwe (Flag) (2023)

Comparative Advantage Zimbabwe - Italy

Flow
Scale

This chart compares trade between Zimbabwe and Italy by product, considering products traded by both, Zimbabwe and Italy.

During 2023, Zimbabwe had a large net trade with Italy in the exports of Metals ($30.5M), Mineral Products ($22.5M), and Foodstuffs ($16.6M).

During 2018, Italy had a large net trade with Zimbabwe in the exports of Machines ($28.1M), Instruments ($9.28M), and Metals ($1.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zimbabwe Italy+$1.41MRaw Tobacco
Top Product Potential Italy Zimbabwe+$1.19MLiquid Pumps

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Zimbabwe and Italy. This means that a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Zimbabwe.

Product Space of Zimbabwe (Flag) and Italy (Flag) (2023)

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